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MCDEX Collaborates With Project Galaxy

Written byRajpalsinh Parmar
Edited by Niharika Deshpande
July 5, 2021
in Cryptocurrency News
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2021 is about to witness the biggest collaboration ever as DeFi and Perpetual join hands with Project Galaxy to establish the dream team, MCDEX. The infrastructure of NFT-as-a-service in partnership with Project Galaxy is gearing up to launch the Diamond Hand Campaign to enable the traders to hold their assets in $MCB while trading in NFTs. The users of MCDEX who own more than $MCB 500 will be able to place a claim on the exclusive Maczombie and Piazza collection of animated NFTs. It is very simple to secure the new NFT collectibles. Follow the steps below to get your hands on the Maczombie and Piazza collection:

  • Visit the official website: https://galaxy.eco/MCDEX/campaign/44
  • Connect the cryptocurrency wallet to the mainnet of Ethereum
  • Claim the collectibles before 16th July 2021.

Project Galaxy and MCDEX Join Forces

Owing to the powerful technologies of Project Galaxy, NFTs are way more than mere collectibles. Project Galaxy is working on developing a permissionless framework to empower on-chain credentials with NFT modules of the plug-and-play variety. The robust protocol of Project Galaxy enables every user to build, share, and gamify the NFTs via permissionless protocol with the help of curated on-chain data. The developers registered with Project Galaxy can create customized loyalty programs, and other users are enabled to issue and obtain the NFTs reserved against their on-chain accomplishments.

The permission-less protocol of MCDEX enables a fully decentralized perpetual swap of tokens. The platform’s protocol enables the creation of perpetual markets of high liquidity and leverage of up to 20x. The markets are powered by AMM that enhanced their capital efficiency. One of the objectives of the partnership is to shower the loyal token holders with generous rewards. MCDEX will conduct a giveaway contest soon to enable the participants to win fair chunks of the prize pool of $USDT 300. The users are requested to join @MonteCarloDEX and @ProjectGalaxyHQ on Twitter to receive timely updates of the giveaway.

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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpalsinh Parmar is a crypto journalist at NameCoinNews with three years of experience covering the fast-moving world of Web3, NFTs, and blockchain technology. He tracks everything from NFT market cycles and metaverse platform developments to altcoin project launches and DeFi innovations. Rajpalsinh has a particular focus on emerging blockchain ecosystems and the convergence of gaming, culture, and decentralized technology. His reporting keeps a close eye on builder activity, tokenomics, and protocol-level changes that shape long-term market narratives.

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